Hologic, Inc. (HOLX) At $39.33 Forms Bottom; Blackrock Muniholdings Fund (MHD) Sentiment Is 2

Hologic, Inc. (NASDAQ:HOLX) Logo

Hologic, Inc. (HOLX) formed multiple bottom with $37.76 target or 4.00% below today’s $39.33 share price. Hologic, Inc. (HOLX) has $10.88B valuation. The stock increased 1.23% or $0.48 during the last trading session, reaching $39.33. About 417,343 shares traded. Hologic, Inc. (NASDAQ:HOLX) has declined 11.91% since April 26, 2017 and is downtrending. It has underperformed by 23.46% the S&P500.

Blackrock Muniholdings Fund Inc (MHD) investors sentiment increased to 2 in 2017 Q4. It’s up 0.90, from 1.1 in 2017Q3. The ratio has increased, as 14 funds increased or started new positions, while 7 cut down and sold stock positions in Blackrock Muniholdings Fund Inc. The funds in our database now possess: 1.17 million shares, up from 1.07 million shares in 2017Q3. Also, the number of funds holding Blackrock Muniholdings Fund Inc in top ten positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 4 Increased: 7 New Position: 7.

Northeast Financial Consultants Inc holds 0.08% of its portfolio in BlackRock MuniHoldings Fund, Inc. for 15,000 shares. Robinson Capital Management Llc owns 9,339 shares or 0.07% of their US portfolio. Moreover, Essex Financial Services Inc. has 0.04% invested in the company for 10,700 shares. The Georgia-based Capital Investment Advisors Llc has invested 0.03% in the stock. Hollencrest Capital Management, a California-based fund reported 10,370 shares.

The stock increased 0.34% or $0.05 during the last trading session, reaching $14.95. About 1,667 shares traded. BlackRock MuniHoldings Fund, Inc. (MHD) has declined 7.61% since April 26, 2017 and is downtrending. It has underperformed by 19.16% the S&P500.

Since February 13, 2018, it had 3 insider purchases, and 1 sale for $682,999 activity. The insider Wendell Amy McBride bought 5,200 shares worth $199,826. The insider Bebo Allison P sold $271,250. Nawana Namal bought 6,600 shares worth $250,023. Dockendorff Charles J bought 13,000 shares worth $504,400.

Analysts await Hologic, Inc. (NASDAQ:HOLX) to report earnings on May, 2 after the close. They expect $0.53 earnings per share, up 6.00% or $0.03 from last year’s $0.5 per share. HOLX’s profit will be $146.55M for 18.55 P/E if the $0.53 EPS becomes a reality. After $0.55 actual earnings per share reported by Hologic, Inc. for the previous quarter, Wall Street now forecasts -3.64% negative EPS growth.

Among 18 analysts covering Hologic (NASDAQ:HOLX), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Hologic has $5300 highest and $40 lowest target. $48.35’s average target is 22.93% above currents $39.33 stock price. Hologic had 57 analyst reports since July 24, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $48.0 target in Monday, September 25 report. Needham maintained the shares of HOLX in report on Tuesday, August 1 with “Buy” rating. The company was initiated on Friday, July 24 by Bank of America. As per Thursday, August 3, the company rating was maintained by Barclays Capital. On Wednesday, June 7 the stock rating was maintained by Canaccord Genuity with “Buy”. Needham upgraded Hologic, Inc. (NASDAQ:HOLX) on Wednesday, February 15 to “Buy” rating. As per Monday, August 3, the company rating was maintained by Argus Research. Canaccord Genuity maintained Hologic, Inc. (NASDAQ:HOLX) rating on Thursday, August 3. Canaccord Genuity has “Buy” rating and $4800 target. On Tuesday, January 9 the stock rating was maintained by Needham with “Buy”. Evercore downgraded the shares of HOLX in report on Wednesday, January 4 to “Hold” rating.

Hologic, Inc. (NASDAQ:HOLX) Institutional Positions Chart